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Computerized Investing > July 7, 2012

iFinance 3.3.9

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by CI Staff

iFinance is a Mac program that helps users create and maintain a budget, record transactions and monitor their stock positions. The program is easy to use and inexpensive, yet comprehensive and informative. As with most budgeting software, the hardest part about using iFinance is that it is quite labor intensive when setting it up. In most cases, users will either have to record transactions manually or import them from a compatible file. However, iFinance goes further than most programs to make it as easy as possible for the user.

Since you can download your financial information from most banks and brokerages, iFinance allows users to import data in CSV, QIF, OFX and MT-940 formats. For instance, instead of manually recording every transaction on a Scottrade account, this information can be downloaded into a CSV file and then uploaded into iFinance.

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